Tag Archives: Dodd-Frank

Thursday, February 13, 2014

Michigan credit unions urge CFPB to supervise retailers to protect consumer data

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In a recent letter to the CFPB, Michigan credit unions urged the consumer watchdog to supervise retailers “that pointedly fail to take proper steps” to ensure the protection of consumer data. The Michigan Credit Union League, which represents 98 percent … Read More…

Monday, January 27, 2014

CFPB proposes rule to allow supervision of nonbank remittance transfer providers

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The CFPB proposed a rule last week that would allow the agency to oversee certain nonbank international remittance providers for the first time. “The CFPB’s Remittance Rule provides strong consumer protections like better disclosures and the correction of errors,” CFPB … Read More…

Thursday, January 23, 2014

San Francisco Bank Attorneys Association to hold discussion on Dodd-Frank challenges

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The San Francisco Bank Attorneys Association will hold a panel on Feb. 11 on regulatory developments under the 2010 Dodd-Frank Act, as well as related implementation and compliance challenges facing the financial services industry. The meeting will be hosted in … Read More…

Monday, January 20, 2014

House hears testimony from witnesses on negative impact of new mortgage rules

Mortgage

A House subcommittee heard testimony from witnesses last week on how new mortgage rules that took effect earlier this month will negatively impact homeownership and reduce credit availability and access to credit. The new rules, which include the qualified mortgage … Read More…

Monday, January 6, 2014

House Financial Services Committee to hold hearing on impact of QM rule

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The House Financial Services Committee announced recently that the Subcommittee on Financial Institutions and Consumer Credit will hold a hearing on the consumer impact of Dodd-Frank’s Qualified Mortgage rule on Jan. 14. The subcommittee hearing will be held at 10 … Read More…

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